German Investors Flock to Crypto Pre-Bitcoin Halving: KPMG

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According to a new report from KPMG, there’s been a notable increase in enthusiasm among DACH region investors for cryptocurrencies, specifically surrounding the upcoming Bitcoin halving event. Based on a survey of 2,400 private investors, this research highlights shifting perspectives regarding crypto investment opportunities.

Germans are actively preparing to take advantage of price changes in Bitcoin and increase their profits, as the reward for mining new coins is about to be cut in half. This shows a rising trend among Germans towards digital currencies.

An increasing number of people are putting a significant portion of their savings into cryptocurrencies. In fact, over fifty percent of those polled revealed that they have invested more than twenty percent of their wealth in digital currencies. These investors are often in it for the long term, intending to hold onto their investments for a period of 3 to 5 years.

Approximately 82% of investors place a high priority on security when selecting a cryptocurrency exchange. Additionally, around 65% consider the availability of convenient deposit and withdrawal methods to be important. Transaction fees are also significant, with 62% of investors taking them into account during their exchange selection process.

Approximately one-third (34%) of investors believe their digital asset investments carry a reasonable level of risk. However, a significant number of them harbor concerns over potential issues such as market manipulation, regulatory uncertainties, and financial crimes.

When it comes to investor preferences for assets, Bitcoin holds the number one spot with a preference rate of 91%. Ethereum comes in second place, preferred by 78% of investors. Notably, Solana has experienced a significant surge in popularity, registering a 9% increase compared to last year.

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2024-04-15 09:40